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Supply and Demand in American History is a free printable Grade 3 to Grade 5 social studies worksheet on supply and demand in American history, aligned to C3 Framework indicator D2.Eco.7.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 19 of 25 · the same problems every time you open this link.

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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Supply and Demand in American History

D2.Eco.7.3-5

NameDate

Circle the best answer.

1.Why did railroads often lower their prices where two railroad companies served the same town?
  • A.Trains cost nothing to run there
  • B.The government made all prices equal
  • C.Competition for customers pushed prices down
2.During World War II the demand for tanks and planes soared. How did car factories respond?
  • A.They switched to making war supplies
  • B.They made more cars than ever
  • C.They closed for the whole war
3.After the cotton gin made cleaning cotton faster, what happened to Southern planters' demand for land and enslaved labor?
  • A.It fell to almost nothing
  • B.It stayed exactly the same
  • C.It rose as planters grew more cotton
4.Why did merchants such as Levi Strauss open stores in San Francisco during the Gold Rush?
  • A.Because the government ordered them to
  • B.To sell goods to miners and earn a profit
  • C.To dig for gold themselves
5.In colonial towns a blacksmith set his own prices and kept his profits. What is this system called?
  • A.Free enterprise
  • B.Rationing
  • C.A royal monopoly
6.After kerosene from oil became cheap in the 1860s, what happened to the demand for whale oil?
  • A.It stayed exactly the same
  • B.It fell, and the whaling industry shrank
  • C.It rose, and whaling grew
7.When the Union navy blockaded Southern ports in the Civil War, what happened to prices in the South?
  • A.They rose, because goods were scarce
  • B.They stayed the same
  • C.They fell, because there were extra goods
8.In 1849 thousands of miners crowded into California camps with few stores. What happened to the price of flour and shovels?
  • A.Prices rose very high
  • B.They were given away free
  • C.Prices fell to almost nothing

LessonPrint · D2.Eco.7.3-5 · Set 19 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 19. Prints on its own sheet.

  1. 1.Competition for customers pushed prices down
  2. 2.They switched to making war supplies
  3. 3.It rose as planters grew more cotton
  4. 4.To sell goods to miners and earn a profit
  5. 5.Free enterprise
  6. 6.It fell, and the whaling industry shrank
  7. 7.They rose, because goods were scarce
  8. 8.Prices rose very high

Last reviewed 2026-09-05. Aligned to D2.Eco.7.3-5 of the C3 Framework for Social Studies State Standards.